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11 February 2013

Caribbeans confront red tape

According to the Bermuda Royal Gazette (9 Feb) reporting the "Throne speech" (which outlines the Government’s legislative agenda for the upcoming year), the Bermuda Government has pledged to cut red tape and streamline avenues for job creation and business development. It intends to work closely with the private sector to create a more welcoming environment for local and international business, and seek advice on lowering debt. A Spending and Government Efficiency (SAGE) Commission is to be created to streamline government processes, including quangos. The commission will provide “public independent guidance and advice to Government”. The commission will terminate its work after producing its final report, which is expected within six months of its formation.
A few days earlier, the Cayman Islands' new PM renewed the government's commitment "to reducing bureaucracy by modernizing the government's operations and reviewing existing processes, to make the business environment more inviting."

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